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Underage Marriage Ban

It is estimated that over 150,000 minors were married in the United States from 2000 to 2010. While there are states that require individuals to be 18 years old before marrying, other states allow for children as young as 14 years old to be wed. Even in states that have minimum age limits for marriage,

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Divorce Settlements and Life Insurance

After divorce, most couples maintain financial obligations to each other; alimony and child support are among the most common. However, many couples overlook one important financial matter when divorcing: life insurance. Somerville divorce lawyers advise clients to maintain insurance policies on their ex-spouses to cover alimony payments and child support should an ex-spouse pass away after divorce.

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Jobs with High Divorce Rates

Every couple has their own reasons for divorcing. For many married couples, financial problems, infidelity, or the stress of everyday life can lead to a breakup. One study suggests that another contributing factor of divorce for many couples is their job profession. A statistician analyzed United States Census Bureau data from the 2015 American Community Survey and found certain professions have noticeably higher divorce rates than others.

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How to Prepare Your Finances for Divorce

If you are anticipating a divorce, you are probably thinking about what steps you can take to best prepare yourself. Money is often one of the most important things people worry about when getting divorced. The following list includes ways to prepare yourself before your divorce in order to ensure you are financially protected:

Gather your financial records

The first thing you should do is collect all of your important financial documents.

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Who Pays for College Tuition?

Navigating Financial Obligations for Your Child’s Higher Education

Whether your child will attend public, private, or community college, tuition for higher education is expensive. All parents must face the daunting question, “How am I going to pay for my child’s college?” However, the question of who will pay for college is an additional concern for parents who are divorced or are in the process of divorcing.

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